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42 Stocks and 58 ETFs for diversifying Bank Of America (BAC-P-M)

The least correlated asset to Bank Of America (BAC-P-M) is ETF JHDG (JOHN HANCOCK HEDGED EQUITY ETF). The correlation is -0.7316.

Stocks that lowly correlated with BAC-P-M

SymbolName
Market cap
SectorIndustry
Correlation
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.64
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.60
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.59
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.59
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.58
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.58
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.57
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.57
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.56
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.54
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.52
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.52
APADREnhanced Group Inc$6.67MN/AN/A-0.51
WTGWintergreen Acquisition Corp$58MFinancial ServicesShell Companies-0.48
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.48
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.47
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.47
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.46
KYIVKyivstar Group Ltd$3.48BCommunication ServicesTelecom Services-0.46
CEPOCantor Equity Partners I Inc - Class A$271MFinancial ServicesShell Companies-0.46
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.45
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.45
SMXTSolarMax Technology Inc$20MTechnologySolar-0.45
RBRKRubrik Inc - Class A$16BTechnologySoftware - Infrastructure-0.45
DECN/A$961MEnergyOil & Gas Integrated-0.45
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.45
RALRALSTON PURINA CO$7.56BTechnologyElectronic Components-0.45
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.44
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.44
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.44
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.43
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.42
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$213MFinancial ServicesShell Companies-0.42
CCIXUChurchill Capital Corp IX - Units (1 Ord Share Class A & 1/4 War)$69MFinancial ServicesShell Companies-0.41
ATHRAether Holdings Inc$53MTechnologySoftware - Application-0.41
JEM707 Cayman Holdings Ltd$3.49MConsumer CyclicalApparel Retail-0.41
CCIXChurchill Capital Corp IX$312MFinancial ServicesShell Companies-0.41
BOWBowhead Specialty Holdings Inc$982MFinancial ServicesInsurance - Property & Casualty-0.40
TLXTelix Pharmaceuticals Ltd$3.82BHealthcareBiotechnology-0.40
GTERAGloba Terra Acquisition Corporation Class A$246MFinancial ServicesShell Companies-0.40
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.40
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.40

ETFs that lowly correlated with BAC-P-M

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
JHDGJOHN HANCOCK HEDGED EQUITY ETF $90M0.49%Apr 7, 2026-0.73
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.72
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.72
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.70
EMEMSOPHUS CAPITAL EMERGING MARKET ETF $61M0.65%May 19, 2026-0.66
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.65
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.63
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.62
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.62
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.62
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.62
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.61
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.61
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.61
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.61
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.60
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.60
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.60
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.60
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.60
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.59
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.59
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.59
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.58
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.58
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.58
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.58
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.57
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.57
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.57
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.56
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.55
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.55
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.54
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.54
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.53
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.53
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.53
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.52
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.52
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.51
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.51
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.50
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.50
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.50
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.50
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.49
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.49
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.46
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.46
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.45
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.44
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.42
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.41
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.41
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.41
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.40
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.40